Abstract

http://ssrn.com/abstract=1400686
 


 



Translating Mahatma Gandhi Vision: Every Village has to Become a Self-Sufficient Republic to Reality Through Dr. Sir M. Visvesvaraya Scheme of 'Village Industrialization' and 'The Aga Khan Rural Support Programme: Empirical Research Findings'


M. R. K. Swamy


Om Sai Ram Centre for Financial Management Research

March 24, 2009

Journal of Financial Management and Analysis, Vol. 21, No. 2, December 2008

Abstract:     
It is an established fact that debt-ridden and peasant farmers who are highly productive who form the bulk of the population especially in developing countries and for whom marginal propensity to consume is highly with practically no saving capacity and for whom the allowances and reliefs claimable by far outweigh their earned incomes, there is a strong financial management case for integrating the core population into the stream of 'organic' economic development though Engineer-Statesman, Dr. Sir M. Visvesvaraya's Scheme of Village Industrialization and the Aga Khan Model of Integrated Rural Development - all aimed at translating Mahatma Gandhi vision, 'Every Village has to become a self-sufficient Republic' to reality - it is in this context, the positive and progressive steps taken by the Government of India in implementing the Rural Roads Construction; Rural Employment, Village Democratization through Panchayati Raj Schemes which generate effective demand in the rural sector deserve our high commendation.

Keywords: Village industrialization, Peasant farmers, Village Republic

JEL Classification: D43, N55, Q13, Q19, I32

Accepted Paper Series


Not Available For Download

Date posted: May 7, 2009 ; Last revised: November 7, 2011

Suggested Citation

Swamy, M. R. K., Translating Mahatma Gandhi Vision: Every Village has to Become a Self-Sufficient Republic to Reality Through Dr. Sir M. Visvesvaraya Scheme of 'Village Industrialization' and 'The Aga Khan Rural Support Programme: Empirical Research Findings' (March 24, 2009). Journal of Financial Management and Analysis, Vol. 21, No. 2, December 2008. Available at SSRN: http://ssrn.com/abstract=1400686

Contact Information

M. R. K. Swamy (Contact Author)
Om Sai Ram Centre for Financial Management Research ( email )
Mumbai
India
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